Russias largest lender, Sberbank, is preparing to accept Bitcoin (BTC), Ethereum (ETH) and Tether (USDT) as collateral for loans as the country introduces a new regulatory framework for digital assets. Sberbank Deputy Chairman Anatoly Popov told TASS that the bank intends to allow borrowers to pledge the three cryptocurrencies once the Bank of Russia grants the necessary approval for broader circulation. The plan highlights Russias distinction between using cryptocurrency as an investment or collateral and using it as a payment method. Under the countrys digital currency law taking effect… Read more
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